Moderna seeks to be 1st with COVID shots for littlest kids
By LAURAN NEERGAARD AP Medical Writer Moderna is asking U.S. regulators to open its COVID-19 vaccine to the nation’s youngest children. Kids…
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Yellen says more shocks likely to ‘challenge the economy’
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen says the global pandemic and Russia’s invasion of Ukraine…
Continue Reading Long-term US mortgage rates edge down this week to 5.1%
By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate edged down for the first time in two months following a…
Continue Reading Once Wall Street’s stars, Big Tech falls back to Earth
By STAN CHOE AP Business Writer NEW YORK (AP) — After years of screaming higher, almost regardless of what the economy was doing, tech-oriented…
Continue Reading Spain scrambles to stem storm over gas with supplier Algeria
By ASHIFA KASSAM Associated Press MADRID (AP) — Algeria has threatened to suspend its gas exports to Spain, the latest twist in a complex triangle…
Continue Reading Fewer Americans file for jobless claims last week
By MATT OTT By The Associated Press WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week fell again last week and…
Continue Reading US economy shrinks, threats loom, but growth likely to last
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank last quarter for the first time since the pandemic recession…
Continue Reading Biden seeks $33B for Ukraine, signaling long-term commitment
By ALAN FRAM, ZEKE MILLER and AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden wants Congress to provide $33 billion to bolster…
Continue Reading Southwest loses $278M in Q1 but sees profitable rest of 2022
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Southwest Airlines is reporting a loss of $278 million in the first quarter but says it will be…
Continue Reading Surging sales at McDonald’s offsets trouble in China, Russia
By DEE-ANN DURBIN AP Business Writer McDonald’s said higher U.S. menu prices and easing COVID restrictions in Europe helped offset troubled markets…
Continue Reading Caterpillar sales surge in first quarter, but so do costs
By MICHELLE CHAPMAN AP Business Writer Caterpillar’s first-quarter sales climbed as construction equipment demand continues to surge even though…
Continue Reading What to do if there’s a mistake on your business taxes
By TINA OREM of NerdWallet For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a…
Continue Reading COVID-19 treatment, Keytruda boost drugmaker Merck in Q1
By TOM MURPHY AP Health Writer Merck soared past first-quarter expectations, helped by sales of its long-standing blockbuster cancer drug Keytruda…
Continue Reading Sweden’s central bank raises interest rate to hit inflation
STOCKHOLM (AP) — Sweden’s central bank has raised a key interest rate, citing the highest inflation level since the 1990s. Riksbanken said…
Continue Reading Huawei’s Q1 sales down 14% as U.S. sanctions remain
By ZEN SOO AP Technology Writer SINGAPORE (AP) — Chinese telecoms equipment and smartphone maker Huawei has reported its sales fell 14% in the last…
Continue Reading Taiwan faces largest COVID-19 outbreak yet
By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Taiwan had been living mostly free of COVID-19 until this month. The island is now facing its…
Continue Reading Nokia sees 1Q operating profits down 18%, sales up 1%
COPENHAGEN, Denmark (AP) — Wireless and fixed-network equipment maker Nokia has reported first-quarter operating profits of 354 million euros, down…
Continue Reading Asian shares mostly higher after tech-led rebound on Wall St
By ELAINE KURTENBACH AP Business Writer Stocks are mostly higher in Asia after a rally on Wall Street led by technology companies. U.S. futures and…
Continue Reading China grants first driverless taxi permits to Baidu, Pony.ai
BEIJING (AP) — Chinese internet services company Baidu has received a permit to provide driverless ride-hailing services to the public in Beijing,…
Continue Reading Workers strike to pressure Sri Lankan president to step down
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Businesses in Sri Lanka are closed, teachers absent and public transportation…
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